61241 Home Values & Market Trends

There are 6 homes currently listed for 61241. 61241 real estate market trends show that home prices range from $59,900 to $275,000, and the median sales price in the 61241 zip code is $159,675.43. The total number of properties sold within the past twelve months is 101. In 61241, 9 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

61241 Real Estate Market Overview

CityMedian Est. Value
Colona

$ 215,942

$ 116/sqft

Housing Market Summary for 61241

Apr 2023March 2024Change
Median Listing Price$149.9K$149.9K0.03%
Median Sold Price$151.5K$149.9K-1.01%
Homes For Sale5620.00%
Homes Sold6555-15.38%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 61241

The median list price of a home in Colona, is $159,675.43. A total of 6 properties are for sale, and the percentage of properties for sale in the zip code is 6.00%. The total count of 61241 properties is 2,636.

Foreclosure
There is 1 cities within 61241; within this cities, the median estimated home value for homes in foreclosure ranges from $242,140 in colona to the lowest value of $55,197 in colona. Foreclosure homes account for 0.00% of properties in 61241 with colona containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in 61241 with colona containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61241; of that cities, the estimated home value for pre-foreclosure homes ranges from $242,140 in colona to the lowest home value of $60,562 in colona.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61241 ranges from the highest value of $55,197 in colona to the lowest value of $55,197 in colona. Bank owned homes and properties account for 0.04% of properties in 61241. There is 1 cities within 61241; colona containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61241. Auction homes and other auction properties account for 0% of all properties in 61241. There is 1 cities within 61241; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in 61241 with colona containing 6 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61241; homes for sale in that cities, have a range of median values from $251,693 in colona to the lowest value of $33,906 in colona.
    Sold Homes
    The median value for recently sold homes ranges from $317,312 in colona to the lowest price of $32,390 in colona. There is 1 cities within 61241. colona has 55 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.09% of properties in 61241.

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      Guide for 61241

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes 61241

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